NOT LISTED FOR SALE

12261 NE 120th St Okeechobee, FL 34972

Estimated Value: $884,000 - $1,042,000

4 Beds
2.5 Baths
2,944 Sq Ft
$334/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $950,000 $323 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,829/month

125 Days on Market

Highlights

  • 45 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Engineered Wood Flooring
  • Screened Porch
  • 3 Car Garage

About This Home

As of December 2023

46 +/- ACRE RANCHETTE. Quiet privacy of NE 120th. Beautifully updated and remodeled Brick home. GRACIOUS - SPACIOUS! 4-5 Bd/ 2.5 Ba/ office/ den and Oversized 39 x 20 double garage. 2944 Sf under air / 4152 TLA. New Flooring. Open Concept. 19x22 LR w/ Stone Fireplace. 17x17 Island kitchen, Bkfast bar, farm sink, Granite, New appliances. Generator and Propane tank included. Metal roof. Pastures fenced and cross-fenced, two ponds with troughs. Set of working cowpens. 24 x 48 Pole Barn. Get out of the city and MAKE YOUR DREAMS COME TRUE! Dimensions are approximate, must measure for exact

Last Agent to Sell the Property

Lori Mixon

Mixon Real Estate Group License #3034239 Listed on: 06/15/2023

Last Buyer's Agent

SEBRING NON MLS

NON-MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,777

Year Built

  • Built in 1988

Lot Details

  • 45 Acre Lot
  • Zoning described as Imp Pas

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,944 Sq Ft Home
  • 1-Story Property
  • Screened Porch

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Well
  • Septic Tank
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1-02-36-36-0A0-00003-C000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,777

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential
  • Lot Size Acres: 45.0
  • Road Surface Type: Paved
  • Directions: East on SR 70; North on 441; right onto NE 144th St.; right onto NE 56th Ave; left onto NE 120th St. to property
  • Architectural Style: Ranch, One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1988
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Laminate, Simulated Wood
  • Living Area: 2944.0

Exterior Features

  • Pool Features: None
  • Construction Type: Block, Concrete, Brick
  • Patio And Porch Features: Rear Porch, Enclosed, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Garage, Three or more Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Other, See Remarks
  • Sewer: None, Septic Tank
  • Utilities: Sewer Not Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 1076803.0
  • Additional Parcels Description: ,,
  • Parcel #: 1-02-36-36-0A0-00003-C000
  • Zoning Description: Imp Pas
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4777.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Dec 15, 2023
Sold by
Hernandez Juan C Picasso
Bought by
Jcp Property Holdings Llc
Seller's Agent
Lori Mixon
Mixon Real Estate Group
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$1,045,000
Sold Price
$950,000
Premium/Discount to List
-$95,000
-9.09%
Views
149
Current Estimated Value
$984,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,203
Avg. Annual Appreciation
2.07%
Original Mortgage
$637,000
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2021
Closed on
May 5, 2021
Sold by
Arnold Marvin
Bought by
Faraone Fabian and Dodera Claudia
Seller's Agent
Amanda Arnold
Inactive Member
Buyer's Agent
Amanda Arnold
Inactive Member
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.98%

Purchase Details

Closed on
Feb 26, 2020
Sold by
Arnold Marvin
Bought by
Arnold Aaron Lee and Arnold Brian Matthew

Purchase Details

Closed on
Nov 29, 2010
Sold by
Arnold Marvin V and Arnold Rita M
Bought by
Arnold Marvin and Arnold Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.3%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jcp Property Holdings Llc $100 Title Brothers Llc
Hernandez Juan C Picasso $950,000 None Listed On Document
Faraone Fabian $660,000 New Title Company Name
Arnold Aaron Lee -- Attorney
Arnold Marvin $200,000 Okee Tantie Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jcp Property Holdings Llc $637,000
Previous Owner Arnold Marvin $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $950,000 0.0% $323 / Sq Ft
12/15/2023 12/15/23 Sold $950,000 -9.1% $323 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
10/19/2023 10/19/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $1,045,000 0.0% $355 / Sq Ft
11/11/2022 11/11/22 For Sale $1,045,000 +58.3% $355 / Sq Ft
05/07/2021 05/07/21 Sold $660,000 -5.6% $224 / Sq Ft
04/25/2021 04/25/21 For Sale $699,000 -- $237 / Sq Ft
Source: Heartland Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,094 $393,109 -- --
2023 $5,498 $375,230 $0 $0
2022 $4,777 $303,101 $0 $0
2021 $2,040 $149,228 $0 $0
2020 $2,019 $147,092 $21,243 $125,849
2019 $1,964 $143,715 $0 $0
2018 $1,837 $132,766 $0 $0
2017 $1,781 $129,611 $0 $0
2016 $1,800 $127,006 $0 $0
2015 $1,850 $126,165 $0 $0
2014 -- $124,992 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 295073

Heartland Association of REALTORS®

APN: R1-02-36-36-0A00-00003-C000